Google And KKR Complete Project Financing for the Acquisition of Solar PV Power Portfolio from Recurrent Energy - Deal Analysis from GlobalData by GlobalData

VIEWS: 62 PAGES: 5

More Info
									                   Google And KKR Complete Project Financing for the
                  Acquisition of Solar PV Power Portfolio from Recurrent
                         Energy - Deal Analysis from GlobalData
        Reference Code: GDAE0118M&A                                                                                                Publication Date: January 2012


        1         Table of Contents
        1 Table of Contents.................................................................1
         1.1 List of Tables .................................................................1
        2 Summary .............................................................................2
        3 Google and KKR Complete Project Financing for the
          Acquisition of Solar PV Power Portfolio from Recurrent
          Energy .................................................................................2
         3.1 Deal Overview ...............................................................2
         3.2 Deal in Brief ...................................................................2
         3.3 Comparable Deals.........................................................2
         3.4 Features of Solar PV Power Portfolio From Recurrent
              Energy ...........................................................................2
         3.5 Key Drivers of the Deal .................................................3
         3.6 About the Companies ....................................................3
           3.6.1    Google Inc. ...........................................................3
           3.6.2    KKR & Co. (Guernsey) L.P...................................3
           3.6.3    Recurrent Energy .................................................3
        4 Appendix ..............................................................................4
         4.1 Abbreviations.................................................................4
         4.2 Methodology ..................................................................4
           4.2.1    Coverage..............................................................4
           4.2.2    Secondary Research ............................................4
           4.2.3    Primary Research ................................................4
           4.2.4    Modeling and Forecasting ....................................4
         4.3 Contact Us.....................................................................4
         4.4 Disclaimer......................................................................5



        1.1       List of Tables
        Table 1:       Comparable Deals ....................................................2
        Table 2:       Abbreviations ............................................................4




                                                                                                                                                GDAE0118M&A / JAN 2012/
Google And KKR Complete Project Financing For The Acquisition Of Solar                                                                                                 Page 1
PV Power Portfolio From Recurrent Energy                                                              © GlobalData. This report is a licensed product and is not to be copied,
                                                                                                                                    reproduced, shared or resold in any form
                                                                              transaction provides an example of the direction solar is headed
                                                                              as a viable, mainstream part of our energy economy."
        2       Summary
                                                                              Axel Martinez, assistant treasurer of Google, said, "Google's
        Google Inc, the internet search company, and Kohlberg Kravis          commitment to clean energy continues to be a core value for
        Roberts & Co. L.P. (KKR), a global investment firm, completed         the company. Over the past 18 months, Google has made
        project financing for the acquisition of four ground-mounted          investments in the sector that not only help deploy hundreds of
        solar photovoltaic (PV) power projects from Recurrent Energy in       Megawatts of sustainable power, but also enable new and
        Sacramento Municipal Utility District, California, in theUS.          exciting business opportunities. We're excited to be supporting
        The projects will be constructed at locations near Galt and Elk       KKR's entrance into the renewable energy sector in the US We
        Grove in California.                                                  hope the sector continues to attract new sources of capital."

        3       Google and KKR Complete Project                               3.3       Comparable Deals
                Financing for the Acquisition of Solar
                                                                                  Table 1:    Comparable Deals
                PV Power Portfolio from Recurrent
                                                                                  Announced                                                  Deal Value
                Energy                                                            Date
                                                                                                       Headline
                                                                                                                                                   ($m)

        3.1    Deal Overview          
								
To top